imported 2024-03-17 17:43:07
BML Istisharat — a leading provider of core banking software solutions and applications — has recently expanded to Malaysia. This year, the core banking provider is planning to enter Indonesia. The strategy is to provide the best core banking software solutions in the region.
Marcopolis.net has been ranking the top banks in Kuwait since 2010, regularly updating the list according to the latest available Kuwait’s banking sector data. Which bank is Kuwait’s biggest Bank? Which one is the best bank in Kuwait? The following list ranks Kuwait’s top banks by assets. Traditionally, the largest bank in Kuwait is NBK, followed by Gulf Bank and Al Ahli Bank of Kuwait. View our latest ranking of banks in Kuwait.
We would like to see a more balanced government budget. The amount of debt is not a problem as long as we are attracting large capital inflows.
Blom Bank is traditionally a commercial bank. However we have expanded gradually to become a full service bank. Now we are the number one bank in Lebanon and in the region in terms of retail banking.
Over the past six months, Arab Bank (Beirut), Alpha Insurance (Limassol), The International Bank of Somalia (Mogadishu), BSN Bank in Kuala Lumpur, and pharmaceutical company Al Moudawi in Erbil, all signed License contracts with BML Istisharat, a leading provider of core banking, Insurance and ERP software solutions.
Suleiman E. Alazzabi, Managing Director of National Commercial Bank (NCB)
National Commercial Bank expects 5 to 10% growth of the Libyan banking sector in 2013/2014. As a part of their strategy, National Commercial Bank plans to establish a financial leasing company that will merge the traditional commercial side with the Islamic one, and an IT company. The Bank’s vision is to be the market leader in terms of transparency, quality and quantity of products. The MD is sure the National Commercial Bank will differentiate from other Libyan banks in terms of services and transparency during 2014/2015.
Libya Top Stories
Jumhouria Bank: Helping to finance the reconstruction of Libya
“It is the largest bank in Libya with a large volume of assets and good profits especially for the potential market in Libya,” bank General Manager Ahmed I. Rajab told Marcopolis. “This was especially true in 2012 based on a lot of contracts that have already been signed by the government and international companies, especially for construction and the infrastructure of the country.”
BSIC Bank (Banque Sahelo Saharienne Pour l`Investissement et le Commerce)
BSIC Bank is a regional bank in Africa and it has 14 affiliates in different countries in Africa. Four of them are Anglophone-Arabic affiliates and 10 are Francophone affiliates. The main currency of the bank is Euro. The authorised capital is about 750 million Euro. BSIC Bank is preparing to change its strategy and consolidate its commercial affiliates and start to do development banking through the head office.
Ahmed I. Rajab, General Manager of Jumhouria Bank, the largest bank in Libya
Jumhouria Bank is the largest bank in Libya and was the result of a merger between Al Ummah Bank and Jumhouria Bank. Now we have a total capital of about 1 billion Libyan dinar and total assets for 2012 of 33 billion Libyan dinar on the balance sheet and 12 billion dinar off the balance sheet for a total of about 44 billion Libyan dinar.
Jumhouria Bank is the largest and the leading bank in Libya. Jumhouria bank is the result of the merger between both Umma & Jumhouria bank.
